OK, so last week we announced our new blog series "5 Steps to Increase your Hospitality Profits", where over the coming weeks we will be taking you through some core, practical foundations to help you increase your hospitality business profitability. However,…
“You can’t improve what you don’t measure” Well that’s not strictly true, is it? There are some businesses which have an incomparable product, no credible competitors or - if they’re really lucky - both of the above. However, if you…
With the festive season truly behind us and 2017 promising some speed bumps to your business, we at Floodlight are offering a New Year's Revolution guide to kick start your year and keep your business growing in the right direction.…
Are you setting yourself up for Christmas Cheer or Festive Failure? The festive season is nearly upon us, and while some hospitality businesses can expect to be really busy, others might hold steady trade or even be quieter than usual.…
If you have ever watched an episode of Kitchen Nightmares, you'll find one theme which occurs again and again (aside from feigned melodrama, real nervous breakdowns and extensive, elaborate and very British-flavoured tirades of swearing, of course): Keep it Simple!…
“Data is the new oil” Or so goes one viewpoint, often repeated. As in, it is valuable, but if unrefined it cannot really be used in its original form. It must be broken down and processed for it to have…
Overview: In a hospitality business, you will have many different types of products which have a short shelf life, and which you don't want to throw in the bin at the end of the day. If you're selling anything from sandwiches, soup…
Report Objective: This report is designed to enable you to analyse the average last transaction time for each product on different days, to identify potential stockouts and therefore potential to reduce customer disappointment. Extracting Data from Floodlight: Log into to…
Report Objective: This report is designed to support analysis of actual historic sales to build a forecast for new locations based on sales data, in order to deliver the right stock to a new location upon launch date. Extracting Data…
Report Objective: This report is designed to present actual historic product sales and trends, in order to inform supplier negotiations and enable cost reductions based on expected volume commitment. Extracting Data from Floodlight: Log into to your Floodlight Analytics dashboard…